Canada Pension Plan Investment Board Has $1.52 Million Position in PagSeguro Digital Ltd. (NYSE:PAGS)

Canada Pension Plan Investment Board lessened its stake in shares of PagSeguro Digital Ltd. (NYSE:PAGS - Free Report) by 56.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 241,950 shares of the company's stock after selling 320,000 shares during the period. Canada Pension Plan Investment Board owned 0.07% of PagSeguro Digital worth $1,515,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PAGS. Farringdon Capital Ltd. acquired a new position in shares of PagSeguro Digital during the fourth quarter valued at about $109,000. Marshall Wace LLP lifted its position in shares of PagSeguro Digital by 307.4% in the 4th quarter. Marshall Wace LLP now owns 4,459,616 shares of the company's stock worth $27,917,000 after acquiring an additional 3,364,926 shares during the period. Jump Financial LLC grew its holdings in shares of PagSeguro Digital by 598.5% during the 4th quarter. Jump Financial LLC now owns 749,044 shares of the company's stock worth $4,689,000 after purchasing an additional 641,808 shares in the last quarter. Barclays PLC increased its position in shares of PagSeguro Digital by 87.9% during the fourth quarter. Barclays PLC now owns 507,863 shares of the company's stock valued at $3,179,000 after purchasing an additional 237,648 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of PagSeguro Digital in the fourth quarter valued at $79,000. Institutional investors own 45.88% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PAGS shares. Citigroup raised shares of PagSeguro Digital from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $7.00 to $10.00 in a report on Tuesday, April 22nd. Barclays dropped their target price on PagSeguro Digital from $13.00 to $12.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $11.88.

PagSeguro Digital Trading Up 1.4 %

NYSE PAGS traded up $0.14 on Tuesday, hitting $10.04. 533,549 shares of the company were exchanged, compared to its average volume of 4,658,264. The company has a market cap of $3.31 billion, a P/E ratio of 8.29, a P/E/G ratio of 0.51 and a beta of 1.85. PagSeguro Digital Ltd. has a 1-year low of $6.11 and a 1-year high of $14.82. The firm has a 50 day moving average of $8.12 and a two-hundred day moving average of $7.64.

PagSeguro Digital (NYSE:PAGS - Get Free Report) last posted its quarterly earnings data on Friday, February 21st. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.05. The firm had revenue of $875.27 million during the quarter, compared to analysts' expectations of $872.66 million. PagSeguro Digital had a net margin of 11.12% and a return on equity of 15.49%. Research analysts anticipate that PagSeguro Digital Ltd. will post 1.17 EPS for the current fiscal year.

PagSeguro Digital Profile

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.